empty
 
 

28.01.202608:55:18UTC+00US Natgas Prices Ease on Warmer Forecasts

U.S. natural gas futures experienced a decline of over 2.5%, settling at $3.71 per MMBtu. This decrease is attributed to forecasts of warmer weather and the reactivation of previously frozen wells, which have mitigated supply concerns. The National Oceanic and Atmospheric Administration predicts milder temperatures starting the first week of February, likely curbing anticipated heating demand. In the Lower 48 states, output is expected to recover to approximately 93.5 billion cubic feet per day (bcfd), following a drop to two-year lows of 92.4-92.5 bcfd over the weekend. During this period, approximately 50 bcfd of production was halted due to frozen wellheads. Moreover, LNG feedgas flows are rebounding, expected to rise to around 13.7 bcfd after hitting a one-year low of 11.6 bcfd on Monday, further supporting expectations of an improved supply situation.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $10000 more!
    In January we raffle $10000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


现在无法通话?
提出您的问题,用 在线帮助.
Widget callback